by TEXTILE VALUE CHAIN | Jul 11, 2020 | Apparel, Fashion & Retail, Fashion, Industry And Cluster, News & Insights
The bankruptcy filing of America’s oldest apparel retailer Brooks Brothers has ignited significant interest from potential buyers for the brand. WHP Global and a venture backed by Authentic Brands Group LLC and Simon Property Group, Inc., are reportedly...
by TEXTILE VALUE CHAIN | May 28, 2020 | Apparel, Fashion & Retail, Fashion, News & Insights
New details are emerging in the JCPenney bankruptcy. The struggling retailer filed for Chapter 11 protection in federal bankruptcy court for the Southern District of Texas on Friday evening. According to the filing, JCPenney had $500 million in cash at hand and...
